Streetbeat News

DOGEUSD

Dogecoin / US Dollar

Industry

Digital Currency

Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. It is considered an altcoin and an almost sarcastic meme coin. Launched in December 2013, Dogecoin has the image of a Shiba Inu dog as its logo.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), experienced significant gains as the market anticipates the approval of the first spot-based Bitcoin ETFs in the U.S. Asset management firms like BlackRock, Fidelity, and Grayscale have updated their S-1 filings with the SEC, revealing their fee structures. Bitwise offers the lowest fee at 0.24%, while BlackRock set its fee at 0.30%. The global cryptocurrency market cap slightly declined, while stock averages increased, with the S&P 500 and Nasdaq Composite rising. Analysts predict a bullish cycle for Bitcoin, with the upcoming ETF approval and the Bitcoin Halving event serving as potential catalysts.

Portfolio Pulse from Mehab Qureshi

January 09, 2024 | 2:42 am

The article discusses the hypothetical returns on investments made with U.S. stimulus checks in Bitcoin, Dogecoin, and Ethereum. It highlights the significant gains that could have been realized if the stimulus money was invested in these cryptocurrencies, with Dogecoin yielding the highest return of 1,812.7%, followed by Ethereum with 626.0%, and Bitcoin with 221.5%. The article also mentions a diversified investment across all three cryptocurrencies, resulting in a combined return of 865.8%.

Portfolio Pulse from Chris Katje

January 08, 2024 | 10:55 pm

Solana (CRYPTO: SOL) has experienced a 9.9% drop over the past week, with Solana-based memecoins such as Bonk, dogwifhat, and WOOF seeing even larger declines. Despite a strong rally in December, the recent downturn is attributed to profit-taking and a shift of investor interest towards other cryptocurrencies, possibly influenced by the anticipation of a Bitcoin ETF. Established memecoins like Dogecoin and Shiba Inu also fell but less sharply. Analyst Michaël van de Poppe suggests the altcoin correction is temporary and may rebound post-ETF frenzy.

Portfolio Pulse from Khyathi Dalal

January 08, 2024 | 6:07 pm

Dogecoin (DOGE) and Bitcoin (BTC) replicas are set to launch into space aboard ULA's Vulcan Centaur rocket on its maiden voyage. The mission includes Astrobotic's Peregrine lander aiming for the first U.S. lunar landing in over 50 years and the first by a private company. The Dogecoin Foundation and BitMex exchange founder Arthur Hayes have announced their respective cryptocurrency tokens as part of the cargo, symbolizing 'Bitcoin to the Moon.' At the time of writing, DOGE's price was down 3.07%.

Portfolio Pulse from Mehab Qureshi

January 08, 2024 | 8:37 am

Shiba Inu (CRYPTO: SHIB) burn rate increased by 2500%, with 53.29 million tokens removed from circulation. This follows a year of active community participation in burning SHIB tokens, totaling over 76 billion. The Shiba Inu marketing lead announced incentives for accruing SHIB and LEASH tokens, with 90 million SHIB and LEASH tokens to be distributed in the next four months.

Portfolio Pulse from Mehab Qureshi

January 08, 2024 | 4:11 am

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced declines as the market anticipates the decision on the U.S.'s first spot BTC ETF. Bloomberg's Eric Balchunas expects approvals for ETF applicants who met the SEC's requirements. The crypto market cap fell by 4.80%, while U.S. stock futures were mixed. Congressional leaders reached a deal to avoid a government shutdown. Analysts predict a bull cycle for Bitcoin if the ETF is approved, with significant liquidity inflows and potential for a 10x price increase.

Portfolio Pulse from Mehab Qureshi

January 08, 2024 | 3:19 am

Dogecoin (CRYPTO: DOGE) is experiencing significant whale movements, with over 450 million DOGE transferred to Binance and unknown wallets, and large amounts moved to and from Robinhood. Despite a slight price dip and volume drop, DOGE has climbed 13.4% over two months. The DOGE-1 moon mission, funded by DOGE and approved by NTIA and FCC, is set to launch in February, potentially increasing investor interest and FOMO. The mission will broadcast Dogecoin-inspired digital art from space.

Portfolio Pulse from Khyathi Dalal

January 05, 2024 | 8:55 pm

Bitcoin recovered to over $44,000, with the global cryptocurrency market cap rising to $1.66 trillion. Grayscale and VanEck reignited hopes for a U.S. Spot ETF approval with new filings. The Crypto Fear & Greed Index indicated 'Greed' at a value of 72. Analysts predict a bullish run for Bitcoin and Ethereum, with potential price targets of $48,000 and $57,000 for Bitcoin. Ethereum's non-exchange whales are accumulating, suggesting positive sentiment.

Portfolio Pulse from Shivdeep Dhaliwal

January 05, 2024 | 3:12 am

Floki (FLOKI), a cryptocurrency rival to Dogecoin (DOGE), experienced a 600% increase in its burn rate with over 218 million tokens destroyed in a single day. Concurrently, TokenFi (TOKEN), a related token, locked over 300 million tokens in its staking program for up to four years, representing over 21% of its circulating supply. A crypto analyst, Crypto Tony, suggested that if Dogecoin breaks the resistance level of $0.106, it could trigger a significant price surge for DOGE and subsequently for FLOKI.

Portfolio Pulse from Mehab Qureshi

January 04, 2024 | 7:28 am

Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) experienced significant declines, with over $600 million in long positions liquidated. The drop followed a report by Matrixport's Markus Thielen predicting the SEC's rejection of spot Bitcoin ETF applications, contradicting their previous positive forecast. The Nasdaq Composite and S&P 500 also fell, reflecting a sell-off in tech stocks amid uncertainty about Federal Reserve rate cuts. Analysts suggest buying dips in Bitcoin and anticipate trading ranges for the cryptocurrency.

Portfolio Pulse from Mehab Qureshi

January 04, 2024 | 3:27 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.